Jaywaka2713's Small BTC Loans | 1 BTC or under | 2 week duration

[jaywaka2713]

Jaywaka2713's Small BTC Loans CLOSED

I will loan out BTC in values of 1 BTC or under.

Minimum Loan: 0.1 BTC
Maximum Loan: 1.0 BTC

Conditions:
I reserve the right to deny anyone to a loan.
You MUST submit to me AT LEAST *THREE* examples of why I should trust you.
Trust Examples accepted: Previous currency transactions, purchases done here, WoT rating, etc.
I will decide if it is valid or not.
You MUST pledge collateral, and the purpose of the loan, and how you expect to pay it back.
You MUST provide to me the following information via PM: Real Name, Address, and DOB.

I WILL NOT provide loans to build reputation.

Interest Rates:
1 Day: 5%
2 - 4 Days: 7.5%
5 - 7 Days: 10%
8 - 11 Days: 12.5%
12 - 14 Days: 17.5%
Interest calculated is simple interest.
Example: 1 BTC loaned for 5 days at 10%. Payment due at end of loan period: 1.1 BTC.

Overages
If you go over the 2 weeks, I will charge you 25%. If you hit 1 month, I will charge you 50%, however, I will also post here explaining that you took twice the normal time allowed.

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[nimda]

Holy interest Batman! Not even pirate paid 10% for a 1 day loan!

[jaywaka2713]

Holy interest Batman! Not even pirate paid 10% for a 1 day loan!

I was thinking they were too high, and was waiting for a response. I'll lower them LOL.

[cornish_will]

You MUST pledge collateral, and the purpose of the loan, and how you expect to pay it back.

How does your collateral idea work?? just curious lol

[DiamondCardz]

You MUST submit to me AT LEAST *THREE* examples of why I should trust you.
Trust Examples accepted: Previous currency transactions, purchases done here, WoT rating, etc.
I will decide if it is valid or not.
You MUST pledge collateral, and the purpose of the loan, and how you expect to pay it back.
You MUST provide to me the following information via PM: Real Name, Address, and DOB.

If you require collateral, why do you need ID?

[vm1990]

You MUST submit to me AT LEAST *THREE* examples of why I should trust you.
Trust Examples accepted: Previous currency transactions, purchases done here, WoT rating, etc.
I will decide if it is valid or not.
You MUST pledge collateral, and the purpose of the loan, and how you expect to pay it back.
You MUST provide to me the following information via PM: Real Name, Address, and DOB.

If you require collateral, why do you need ID?

better to be safe than sorry...

[Vod]

You MUST submit to me AT LEAST *THREE* examples of why I should trust you.
Trust Examples accepted: Previous currency transactions, purchases done here, WoT rating, etc.
I will decide if it is valid or not.
You MUST pledge collateral, and the purpose of the loan, and how you expect to pay it back.
You MUST provide to me the following information via PM: Real Name, Address, and DOB.

If you require collateral, why do you need ID?

better to be safe than sorry...

Safe?  You have collateral - you are safe.  Asking for ID when you have collateral is not needed.

[cornish_will]

lol bakada im sure the joke was about my post the reason i asked about collateral is

example if i asked for a loan being in UK and a guy from USA said yea for collateral

the cost of sending him collateral would cost more than any loan option on here

[cornish_will]

lol ok then

[monbux]

lol it's a wonder no one asked for a loan yet..

[cornish_will]

i think losing a ipod or a iphone for a 0.1btc loan scared them away lol

[C10H15N]

PayDay loans come to bitcoin   

[cornish_will]

lol Interest here not as high as payday loans lol